Entrepreneur is not always about making money or profit

 Entrepreneur is not always about making money or profit


Kojo A. Quartey

Quartey

What do all the largest companies in the world have in common? Can you name one business that was not started by an entrepreneur? Personally, aside from a few started by the government, such as the post office, I cannot think of any.

Even mail delivery has its fair share of entrepreneurial companies now competing with our government service – FedEx, UPS, etc.  When you think of the world’s largest companies, such as Walmart, Ford, Apple, they all started as an idea in someone’s mind.

The word entrepreneur is defined by Meriam-Webster as, “one who organizes, manages, and assumes the risks of a business or enterprise.”  It has also been said to be the “creation or extraction of economic value”.  Note that it is about change and is broader than it was when the word was first developed.



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